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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


Survey Shows Consumers and Investors Remain Bullish on the Future of Cryptos

It’s been a long crypto winter, but according to a recent survey, consumers and investors are still positive about the long term value of leading cryptocurrencies. Researchers from the FINRA-registered broker Sharespost emphasize that people have recently become more optimistic about digital assets and plan to increase their holdings. дальше »

2019-3-8 00:00


Are Bitcoin and Ethereum Cryptocurrency Compound Interest Rate Earnings a Gamechanger?

Despite the price of premier alt-tokens such as Bitcoin still struggling to garner bullish momentum, crypto lending platform BlockFi has just announced that it will be now providing clients with the option to claim compound interest returns on investments via crypto assets such as Bitcoin or Ethereum. As per a blog post issued by BlockFi’s […] дальше »

2019-3-7 18:29


Bitcoin Still Bullish Says Analyst as Crypto Token Binance Coin (BNB) Surges 15%

In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level. Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance Coin (BNB) and Enjin Coin (ENJ) have recorded 15 percent gains against the U. дальше »

2019-3-5 11:12


Price Analysis: Would XRP Reverse At $0.30 Price Level?

Supply zones: $0.31, $0.33, $0.34 Demand zones: $0.30, $0.28, $0.26 XRP/USD Medium-term Trend: Bearish On the medium-term outlook, XRP/USD is on the bearish trend. As long as the drawn bearish trend has not been broken up, the bears still hold the market but immediately the bullish candle penetrates the trend line and closes above it, […] The post Price Analysis: Would XRP Reverse At $0.30 Price Level? appeared first on ZyCrypto. дальше »

2019-3-4 18:56


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New Data Shows Bitcoin Accumulation is in Full Swing

Bullish signs are everywhere for Bitcoin (BTC) March 1st as the largest cryptocurrency continues its record-breaking bear market cycle in 2019. Addresses Amassing Coins At 4K Capping a fifth day of broad stability, the bitcoin price was holding steady at around $3850 Friday, while data from traders suggested February ended the worst six-month performance for bitcoin ever recorded. дальше »

2019-3-1 18:00


Despite Red Crypto Market, Popular Trading Analyst Says “Bitcoin Still Bullish” in Long Term Cycle

Bitcoin is down more than 7 percent in the past 24-hours while managing the daily trading volume of $10.8 billion. The leading cryptocurrency is currently trading at $3,783 on Bitstamp. Bitcoin price chart, Source: TradingView Just yesterday, crypto analyst MagicPoopCanon, who calls himself a “master of charts” shared that the flagship cryptocurrency will move sideways […] дальше »

2019-2-25 20:18


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Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant. дальше »

2019-2-23 02:23


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Bitcoin Price Analysis: Consolidation Breaks Out Into Macro Resistance Test

Over the course of the last 10 days, bitcoin has managed to rally nearly 20% in value as it burst through two major resistance levels and is now beginning the test of a major macro level:Figure 1: BTC-USD, Daily Candles, Macro ResistanceWe can see a clear, descending supply-and-demand channel that governed the market for the last two months. дальше »

2019-2-20 01:38


Bearish Price Prospect Ahead for XRP and Tron

Although the cryptocurrency market was a bullish one last week, XRP still saw a dip which took it back to the third position on the list of the largest cryptocurrency by market cap. XRP was at the second position, but due to the coin trailing, Ethereum who had trailed to the third position retook its […] The post Bearish Price Prospect Ahead for XRP and Tron appeared first on ZyCrypto. дальше »

2019-2-18 22:09


SWIFT Outperforming Ripple, Bitcoin ETF On The Way, JP Morgan Launches Own Coin, XRP Centralized, Coinmama Hacked, Nasdaq to Add BTC and ETH Indices to its Global Data Services: This Week In Crypto

This week, as usual, was full of activities, most of it focused on the future of cryptocurrencies and cryptocurrency adoption. Top among the stories were predictions on the future price of Bitcoin which have been mostly bullish. дальше »

2019-2-17 11:13


Why Bitcoin’s Forecast is Finally Turning Bullish, Expect a Bitcoin Price Rise

The price of bitcoin is still hovering below the $3,500 mark and volatility seems to be dying fast. Is it strange, then, that SFOX‘ report (a cryptocurrency prime dealer for large-scale investors) places the Crypto market at ‘mildly bullish’ entering February? This is a couple of notches up from its ‘mildly bearish’ tag last month. дальше »

2019-2-9 14:38